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Steven is reviewing Adam's receipt book, a money and rent receipt book that can be used for various purposes. It comes in a size of 5.5 x 11 inches with consecutive number sheets. The book has pre-filled tabs for different information like receipt number, dollar amount, date, and payee. It can be used for rent or any other transactions. One copy is given to the payee while the carbon copy is kept for record-keeping. The book is useful for tracking expenses in business or for money transfers.